The no-load fund now has 1,029 young investors, with about half between 11 and 15 years old.

Moreover, not all no-load funds are available without paying a fee.

This is not to say investors should buy only no-load funds.

If $10,000 was put into a no-load fund, it would grow to $108,347.

You can find top performers in both load and no-load funds.

All of your money goes to work for you in a no-load fund.

Not all no-load funds are members of this group, however.

Only two weeks old, this no-load fund has already collected $39 million from investors.

Then he started a no-load mutual fund a few years ago.

But beginning next year, no purchases of new no-load funds will be available through those channels.